Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Interface Inc shares valued at $149,625 were sold by HENDRIX DANIEL T on Mar 03 ’25. At $19.95 per share, HENDRIX DANIEL T sold 7,500 shares. The insider’s holdings dropped to 96,147 shares worth approximately $1.81 million following the completion of this transaction.
Also, HENDRIX DANIEL T purchased 7,500 shares, netting a total of over 149,627 in proceeds.
Before that, HENDRIX DANIEL T had sold 12,500 shares from its account. In a trade valued at $297,250, the Director traded Interface Inc shares for $23.78 each. Upon closing the transaction, the insider’s holdings decreased to 12,500 shares, worth approximately $1.95 million.
As published in their initiating research note from Barrington Research on April 15, 2024, Interface Inc [TILE] has been an Outperform and the price target has been revised to $20. Analysts at Longbow upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early March. As of February 22, 2023, Truist has decreased its “Buy” rating to a “Hold” for TILE. Earlier on November 08, 2021, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for TILE stock which previously was a “a Mkt perform”.
Analyzing TILE Stock Performance
During the last five days, there has been a surge of approximately 0.86%. Over the course of the year, Interface Inc shares have dropped approximately -22.75%. Shares of the company reached a 52-week high of $25.39 on 01/30/25 and a 52-week low of $17.80 on 03/10/25. A 50-day SMA is recorded $22.51, while a 200-day SMA reached $20.01.
Support And Resistance Levels for Interface Inc (TILE)
According to the 24-hour chart, there is a support level at 18.59, which, if violated, would cause prices to drop to 18.37. In the upper region, resistance lies at 19.12. The next price resistance is at 19.43. RSI (Relative Strength Index) is 33.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.55, which suggests the price will decrease in the coming days. Percent R is at 78.37%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
